You are here

Upgrade for Panama Canal likely in 25 years

Delayed: The current US$5.3b expansion - to add a third set of locks to the Panama Canal - is running a year behind schedule due to a costs dispute. - PHOTO: AFP

[COLON, Panama] The Panama Canal, which is in the midst of a massive expansion, will likely get a new upgrade within 25 years to meet increasing capacity demands, its administrator said on Tuesday.The canal, one of the greatest feats of 20th-century engineering, celebrated 100 years of